HAWTHORN COTTAGE, MAIN ROAD, BESTHORPE, NEWARK, NG23 7HR - £360,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HAWTHORN COTTAGE is a midsized extended detached house of 131m², built sometime before 1900. It was last sold for £360,000 in November 2021, which was around 18% above the average November 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2021, where the current energy rating was F, and the potential energy rating was A.

HAWTHORN COTTAGE Sold Prices

Land registry data shows three sales for HAWTHORN COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three HAWTHORN COTTAGE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 19 NOV	£360,000	£306,282	18% above HPI
2006 27 AUG	£289,950	£212,240	37% above HPI
1996 3 MAY	£85,000	£72,591	17% above HPI

HAWTHORN COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three HAWTHORN COTTAGE sales between May 1996 and November 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2006 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is HAWTHORN COTTAGE?

HAWTHORN COTTAGE is 131m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% of detached houses in Besthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Besthorpe, and where HAWTHORN COTTAGE lies on this distribution: 46% of detached houses are smaller than HAWTHORN COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Besthorpe.

HAWTHORN COTTAGE: Plot and Title Map

HAWTHORN COTTAGE sits on a plot of roughly 0.390 of an acre, or 1,580m². The below map shows the location of HAWTHORN COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of HAWTHORN COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is HAWTHORN COTTAGE?

HAWTHORN COTTAGE is located on MAIN ROAD in BESTHORPE, in the NG23 postcode district. The below map shows the position of HAWTHORN COTTAGE on MAIN ROAD.